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Bill > A5890


NJ A5890

NJ A5890
Amends Fiscal Year 2024 annual appropriations act to extend ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes.


summary

Introduced
12/14/2023
In Committee
12/18/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Amends Fiscal Year 2024 annual appropriations act to extend ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes.

AI Summary

This bill amends the Fiscal Year 2024 annual appropriations act to extend the ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes to their municipality. The bill also sets a deadline of March 1, 2024 for eligible homestead owners and residents to submit an application to the Division of Taxation in order to receive the 2020 property tax benefit under the program.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Reported out of Assembly Comm. with Amendments, 2nd Reading (on 12/18/2023)

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